#Article (Archive)

Entrepreneurship drives economies

Aug 1, 2012, 11:03 AM

We have emphasized over and over again the need for the country to support and promote entrepreneurship as it drives many economies around the world.

We would like to commend the US Embassy in Banjul, American Chamber of Commerce and The Gambia Investment and Export Promotion Agency for organizing a mini-business course on entrepreneurship in the country.

The more we focus on building more entrepreneurs the better for our economy and the country in general.

But in order to do this, we need to train more young and upcoming entrepreneurs in various aspects of entrepreneurship.

We should not also stop at training, but to provide funds for the upcoming and young entrepreneurs to tap into to develop their businesses.

Since it is clear and made known to all that the government cannot create jobs for all Gambians, it would be prudent to support the private sector, as well as encourage entrepreneurship.

With that we are encouraging and training our youths not to only become employable but to even become job creators.

Such interventions would reduce the burden of dependency in the country, but to build our fragile economy, thus reducing poverty.

There is no doubt that entrepreneurs have a positive impact on the economy of any nation including our own.

Promoting entrepreneurship and enhancing the entrepreneurial dynamics of the country should be an integral element of the government’s commitment to boosting economic advancement of the country.

Government policies and programs must target significantly at the entrepreneurial sector as it will have a more significant and direct impact.

In many countries, entrepreneurs have helped economies by innovation, research and development.

Entrepreneurism also helps the economy by creating wealth for many individuals seeking business opportunities.

We, therefore, stress that there is an absolute need to support and promote entrepreneurship.